Archive · 14 Aug 2026
Senior homes in India are redefining life after 60
In India, some grandparents are choosing to live in special homes that are more like fancy hotels than old-age homes.
A couple named Bijit and Rashmi Sehgal built one such home, with 16 apartments, in the hill town of Kasauli.
The residents enjoy meals cooked by chefs, yoga and meditation, organised walks, billiards, barbecues and musical evenings.
There are also nurses, doctors and a nearby hospital in case anyone needs medical care.
These senior-living homes can have swimming pools, gyms, libraries, restaurants and walking tracks, along with safety features like non-slip floors and emergency systems.
Some grandparents rent their apartment, while others buy it.
The number of Indians aged 60 and older is expected to grow from 153 million in 2020 to 347 million by 2050.
Because of this, companies are building more and more senior-living homes across Indian cities.
These homes let grandparents keep their independence and enjoy life, while help and company are always nearby.
Bijit and Rashmi Sehgal built Better Life Homes, a 16-apartment boutique senior-living property in Kasauli, after selling their export business in Noida.
India's senior-living market was valued at $3.55 billion in 2025 and is projected to reach $14.14 billion by 2031, a CAGR of 25.92%.
The industry follows two models—lease or rental, and outright ownership—with Antara Senior Living's Dehradun and Noida projects sold out.
India's population aged 60 and above is expected to rise from 153 million in 2020 to 347 million by 2050.
DLF announced a luxury senior-living project in Gurugram with four-bedroom homes of about 4,200 sq. ft. priced from roughly ₹12 crore.
- Who
- Developer couple Bijit and Rashmi Sehgal, residents such as Rajeev Suri and Menaka Singh, and companies including Antara Senior Living, DLF and Apollo Hospitals.
- What
- India's senior-living industry is being repositioned as a premium, hotel-style lifestyle choice for healthier and wealthier older adults, offering hospitality alongside health care.
- When
- Reported with 2025 market data and projections through 2031.
- Where
- India, including Kasauli, Dehradun, Noida, Gurugram, Bengaluru, Hyderabad and Chennai.
- Why
- Because India's 60-plus population is projected to grow from 153 million in 2020 to 347 million by 2050, while families are becoming smaller and more dispersed and retirees are willing to spend on themselves.
- Senior-living market value (2025)
- $3.55 billion
- Projected market value (2031)
- $14.14 billion
- Projected CAGR (2025-2031)
- 25.92%
- Indians aged 60+ (2020)
- 153 million
- Indians aged 60+ (projected 2050)
- 347 million
- Better Life Homes nightly rates
- ₹11,400 for 1-BHK; ₹23,300 for 2-BHK
- Antara Gurugram starting price
- ₹5.54 crore
- DLF Gurugram luxury residences
- From roughly ₹12 crore for ~4,200 sq. ft. four-bedrooms